Clive Granger quotes

Clive Granger was a British economist renowned for his pioneering work in econometrics, especially in time series analysis. His research on cointegration transformed the way economists studied economic relationships over time. He received the Nobel Prize in Economics for his contributions to the field. Here are 8 of his quotes:

The stock market is like a small row boat on a rough sea, bouncing around as it drifts, whereas the macro economy is like a large ocean liner, very ponderous and difficult to maneuver but without such a rough journey.

Clive Granger

I preferred to use mathematics in some practical fashion and thought that meteorology sounded promising.

Clive Granger

As far as I could tell, I was the first person anywhere in my family tree to go to university.

Clive Granger

I think it is true to say that I am not the first Nobel Prize winner in economics to have little formal training in economics.

Clive Granger

I wonder if economics has less basic core material than is necessary for fields such as mathematics, physics, or chemistry, say.

Clive Granger

A teacher told my mother that I would never become successful, which illustrates the difficulty of long-run forecasting on inadequate data.

Clive Granger

I work with the macro economy, which involves the major variables that measure the health of the whole economy, such as total consumption, investment, income, employment, and inflation.

Clive Granger